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Home  > Markets & companies  > Coatings market  > BASF sells decorative paints business of “...

Tuesday, 17 September 2019
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Markets & companies, Coatings market

BASF sells decorative paints business of “Relius” in Germany and France

Friday, 17 August 2012

Prosol Lacke + Farben GmbH acquires the decorative paints business of Relius Coatings GmbH & Co. KG in Germany and Relius France SAS in France.

The sale of the decorative paints business includes the Memmingen site in Germany as well as 30 distribution points in Germany and France. Source: Imageteam - Fotolia.com
The sale of the decorative paints business includes the Memmingen site in Germany as well as 30 distribution points in Germany and France. Source:...

BASF and Prosol Lacke + Farben GmbH have signed a contract regarding the sale of the decorative paints business of Relius Coatings GmbH & Co. KG in Germany and Relius France SAS in France. The business encompasses architectural paints and plaster as well as varnishes and glazes for construction application and is mainly based in Germany, France and some other selected countries in Europe. The sale of the business includes the Memmingen site in Germany as well as 30 distribution points in Germany and France. The transfer is scheduled to be completed on November 30, 2012.

The decorative paints business in the Netherlands is not part of the transaction. The company is currently negotiating the sale of this part of the Relius Coatings business. The industrial coatings business at the Oldenburg site in Germany is also not affected and will remain an integral part of BASF.

Currently about 350 employees work in the decorative paints business in Germany and France. Prosol takes over the employment contracts of these employees.

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